AI Adoption in Entertainment Shows Gains
AI adoption by US firms is growing at an incredible pace, and the film industry is one of the key spaces embracing this transformation.
I just came across some fascinating data. When it comes to AI adoption by sector in the US, the film industry is in 3rd place.
Here are a few trends highlighting this shift.
According to Goldman Sachs, 15.9% of businesses in the Motion Picture and Sound Recording subsector used generative AI for production as of March 2024. In other words, a significant number of filmmakers are already leveraging AI to reshape their creative processes.
Even more striking—90% of industry professionals believe that AI will play a massive role in the film industry over the next 5 years. This overwhelming confidence points to AI’s inevitable impact on the future of filmmaking.
But why is this shift happening so quickly?
✔ AI enhances efficiency in production, cutting down time and effort
✔ It opens up creative avenues that were previously unimaginable
✔ It reduces costs, making high-quality productions more accessible to filmmakers at all levels
The message is clear: AI isn’t just a passing trend in the film industry—it’s here to stay, and it’s reshaping how we tell stories.
This is why I’m so excited to work with production companies to upskill their teams on these frontier GenAI models. By equipping them with these tools, they can expand their creativity and explore the new possibilities AI offers.
Source: https://wifitalents.com/statistic/ai-in-the-movie-industry/